Junior Credit Analyst
About The Position
John Marshall Bank is looking for recent or soon-to-be college graduates to join the Credit Underwriting team at our Reston Headquarters. In this role you will: Oversee the review of financial, collateral, and other related documentation used to evaluate commercial loan requests to approve or deny applications for credit. Participate in credit approval process; monitors adherence to loan policy, ensures accuracy of risk rating system, ensures effective evaluation and administration of collateral. Be responsible for the completion of financial spreads and analysis; credit approval and memo review for loan presentations in conjunction with Commercial Bankers, all in an independent and objective manner. Maintain a continuing and informative record of data from which lending officers may make fully informed loan decisions; spreads and analyzes, historical and projected financial statements, tax returns, and other pertinent financial information to determine overall financial performance, condition, and creditworthiness of Borrower and other obligors; reviews credit files for documentation and exceptions, submits periodic exception reports; and engages in effective and timely communication regarding credit considerations and issues with Credit Administration and Commercial Bankers. In addition to handling the normal flow of transactions, this position will also assigned to handle complex transactions.
Requirements
- Bachelor’s Degree in finance, accounting, economics or related field from an accredited four-year college or university
- Experience in or exposure to commercial credit analysis and underwriting
- Understanding of balance sheets, income, and cash flow statements
- Proficiency with Microsoft Suite including Word and Excel
Nice To Haves
- Formal Credit Training
- Sound credit and analytical skills
- Ability to learn internal bank systems and additional software applications
- Strong combination of interpersonal communication skills, analytical and decision-making skills, with the ability to make recommendations and offer solutions
Responsibilities
- Oversee the review of financial, collateral, and other related documentation used to evaluate commercial loan requests to approve or deny applications for credit.
- Participate in credit approval process; monitors adherence to loan policy, ensures accuracy of risk rating system, ensures effective evaluation and administration of collateral.
- Be responsible for the completion of financial spreads and analysis; credit approval and memo review for loan presentations in conjunction with Commercial Bankers, all in an independent and objective manner.
- Maintain a continuing and informative record of data from which lending officers may make fully informed loan decisions
- Spreads and analyzes, historical and projected financial statements, tax returns, and other pertinent financial information to determine overall financial performance, condition, and creditworthiness of Borrower and other obligors
- Reviews credit files for documentation and exceptions, submits periodic exception reports
- Engages in effective and timely communication regarding credit considerations and issues with Credit Administration and Commercial Bankers
- Handling the normal flow of transactions, this position will also assigned to handle complex transactions.
Benefits
- Medical
- Dental
- 401K Retirement Plan with an Employer Match
- Vision
- Employee Assistance Program
- Flexible Spending
- Transit Reimbursement
- Dependent Day Care
- Long Term Care
- Paid Time Off
- Life and Disability Coverage
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
